Hey guyz,
DJ30 seems to lose more an more momentum. I do see the 1.13 AB=CD pattern as a correction of the former down swing XA. For the Harmonics out there this might also still fit into the defintion of a bearish BAT. DJ is now on a interesting short level rebounding on the lower trend line of the channel (blue lines). I will keep my post updated.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
DJ30 seems to lose more an more momentum. I do see the 1.13 AB=CD pattern as a correction of the former down swing XA. For the Harmonics out there this might also still fit into the defintion of a bearish BAT. DJ is now on a interesting short level rebounding on the lower trend line of the channel (blue lines). I will keep my post updated.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
